Ethereum (ETH) has recently fallen below its $2,800 support level, prompting traders and investors to assess whether this dip signals a temporary pullback or a Ethereum (ETH) has recently fallen below its $2,800 support level, prompting traders and investors to assess whether this dip signals a temporary pullback or a

Ethereum (ETH) Price Prediction: Ethereum Dip to $2,700 May Offer Strategic Entry for Long-Term Bulls

4 min read

After a retracement from late-2025 highs near $3,500, Ethereum is consolidating around $2,730, according to CoinMarketCap data from January 30, 2026. Institutional activity, including inflows into Ethereum ETFs and Digital Asset Trusts (DATs), appears to be cushioning the market, potentially providing a foundation for a rebound.

Ethereum Price Overview

The current ETH price hovers near $2,730, with intraday lows reaching $2,780 during recent selloffs (CoinGlass). Historical price action shows that Ethereum peaked around $3,500 in late 2025 before entering this retracement phase.

Analyst TedPillows, known for his technical commentary on ETH price movements on TradingView, emphasized:

“Ethereum has lost its $2,800 support, but accumulation from ETFs and institutional investors around $2,500–$2,600 could provide a solid floor for any short-term rebound.”

Ethereum has fallen below $2,800, with $2,500–$2,600 now acting as the key short-term support. Source: Ted via X

The $2,500–$2,600 support zone is notable because it coincides with areas of high trading volume from institutional investors, as confirmed by Grayscale Ethereum ETF inflow reports (Q4 2025).

ETH Technical Analysis Overview

A detailed review of the ETH daily chart (Jan 1–30, 2026) shows a higher low forming at $2,689, compared with a previous low of $2,623 on November 21, 2025. The formation resembles a double-bottom, which often indicates absorption of selling pressure and a potential trend reversal.

Additionally, CoinGlass data shows that over $1.67 billion in long positions were liquidated on January 29, 2026. This event cleared bullish excesses, which can stabilize prices by removing over-leveraged positions:

The post says Ethereum’s move is a retracement, not a crash, pointing to a higher low, double bottom, and heavy liquidations as signs of a short-term rebound. Source: MasterAnanda on TradingView

The market may be positioned for a rebound following the liquidation of bullish positions, as exchanges often take advantage of such periods to accumulate at lower prices, potentially supporting Ethereum’s next move, according to a market strategist.

Why this matters: Double-bottom patterns combined with reduced sell pressure suggest that Ethereum may have found near-term support, reinforcing the $2,500–$2,600 zone as a key area for potential accumulation.

Short-Term Price Behavior

Ethereum is currently trading within a range-bound structure between $2,930 and $3,070, reflecting a temporary balance between buyers and sellers.

Ethereum is stabilizing above $2,930 after a strong rebound, trading within a defined range. Source: HENRY_TraderGold on TradingView

  • Bullish scenario: Holding above $2,930 could allow ETH to reclaim $3,050, potentially reaching $3,120–$3,150.
  • Bearish scenario: A decisive breakdown below $2,930 may trigger a correction toward $2,780–$2,800.

This range-bound action suggests market stabilization rather than a sustained downtrend. Traders should monitor volume trends and candlestick confirmations to gauge momentum shifts.

Long-Term Strategic Opportunities

For long-term investors, analysts suggest that Ethereum may retest a potential accumulation zone near the $1,700–$1,900 range, consistent with roughly 50% retracements from prior bull runs. Historical data from Yahoo Finance confirms similar price rebounds after significant retracements in 2022 and 2023.

The post highlights $1,700–$1,900 as a long-term Ethereum buy zone, citing historical retracement patterns amid mixed trader sentiment. Source: UNKNOWN TRADER via X

Ethereum’s price continues to reflect wider crypto market dynamics. While Bitcoin trends influence ETH, smaller altcoins have remained resilient, with some showing growth during Ethereum’s dip. Analysts recommend a diversified approach, balancing ETH exposure with promising altcoins.

Institutional factors: Recent BlackRock Ethereum ETF filings and Grayscale inflows indicate sustained institutional interest, which may support ETH’s price in the near term.

Looking Ahead: Ethereum Outlook

With key support levels holding and technical indicators suggesting stabilization, Ethereum’s near-term outlook appears cautiously optimistic:

  • Strategic entries around $2,700 may benefit long-term investors.
  • Traders should monitor confirmation above resistance zones ($3,050) to assess upward momentum.
  • Investors must remain mindful of downside risks if ETH breaks below $2,700, which could signal a deeper correction.

Ethereum was trading at around $2,741.270, down 6.44% in the last 24 hours at press time. Source: Ethereum price via Brave New Coin

Ethereum’s current consolidation offers both traders and long-term investors data-driven insights into potential price movement. Observing support zones, institutional flows, and on-chain activity can provide actionable guidance for market participation.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

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